2x Ether ETF (NYSEARCA:ETHU – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $63.02, but opened at $67.58. 2x Ether ETF shares last traded at $69.12, with a volume of 1,818,852 shares trading hands.
2x Ether ETF Trading Up 0.2%
The firm’s fifty day simple moving average is $60.82 and its 200 day simple moving average is $101.42.
Institutional Investors Weigh In On 2x Ether ETF
Several large investors have recently modified their holdings of ETHU. Farther Finance Advisors LLC purchased a new position in shares of 2x Ether ETF in the 3rd quarter valued at approximately $28,000. Beaumont Financial Advisors LLC acquired a new stake in shares of 2x Ether ETF during the third quarter worth $376,000. Kingswood Wealth Advisors LLC purchased a new position in 2x Ether ETF in the 3rd quarter valued at $690,000. FNY Investment Advisers LLC acquired a new position in 2x Ether ETF in the 3rd quarter valued at $844,000. Finally, Flow Traders U.S. LLC acquired a new position in 2x Ether ETF in the 2nd quarter valued at $2,071,000.
2x Ether ETF Company Profile
The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.
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